Position Overview:

The Single Family Client and Community Engagement Division is seeking an Affordable Lending Manager. The team is responsible for establishing relationships with Lenders, Housing Finance Agencies, Housing Intermediaries and other Stakeholders to provide responsible lending opportunities to first time homebuyers, low-to-moderate income borrowers, and families in underserved markets. The Affordable Lending team is committed to ensuring Freddie Mac has the offerings to support responsible lending and provide sustainable homeownership, and to improve access to credit for all Borrowers – providing liquidity to the affordable market; educating new borrowers for homeownership; creating new business opportunities; and preserving homeownership. This position will directly support the goals and objectives of the division.

Your Work Falls into Three Primary Categories:

Relationship Management

• Use expertise in public/private partnerships to develop and implement initiatives among and between internal and external stakeholders including Seller/Servicers.
• Assist in the management of the company’s relationships with national, regional, and community lenders so that the company can be seen as part of and vital to its customers and their constituents’ success in housing, thus improving the corporate brand and its reputation.
• Regularly interact with senior management or executive levels on matters concerning several functional areas, divisions, and/or customers.
• Requires the ability to change the thinking of, or gain acceptance from, others in critical situations, without damage to relationship.

Analysis

• Analyze market data to identify trends/opportunities and develops strategic direction from market information.
• Work on issues where analysis of situations or data requires an in-depth knowledge of organizational objectives.

Management

• Support the Sales/Sourcing organization to build and execute Seller plans for meeting affordable lending, community outreach and CRA goals.
• Supervise progress against plans, and provide corrective action where needed.
• Participate in roll-out and integration of new or revised Affordable Lending and/or Access to Credit products, offerings and initiatives with Sellers, including Duty to Serve initiatives and offerings.
• Establish and assure adherence to budgets, schedules, work plans, and performance requirements.

Qualifications:

• College Degree or equivalent professional experience, advanced studies and/or degree is preferred.
• Typically has 8-10 years related experience and 2+ years of management experience. Experience in the mortgage industry, particularly in loan origination, is preferred.
• Proven experience in relationship management and problem solving. Public/private partnership experience and/or state and federal housing community development programs experience is a plus.
• Excellent oral and written communication skills.
• Excellent public speaking skill, ability to deliver consistent messages to multiple partners.
• Knowledge of the Making Homes Affordable Act and government initiatives.
• Candidates in any location nationwide are encouraged to apply. The hire will have the option to work remote or from a Freddie Mac office. However the position will be aligned to a geographical U.S. region.
• Position requires 40% travel – (currently works remote and makes virtual presentations)

Keys to Success in this Role:

• Understanding of how to operate in a highly regulated environment
• Ability to communicate effectively, written and otherwise, with attention to detail and polish
• Familiarity with secondary mortgage market fundamentals

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

CA Applicants:  Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $136,000 - $204,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.